CSR (Centerspace) Cyclically Adjusted PS Ratio: 3.34 (As of Jun. 30, 2026) — 10% Below Median


CSR Centerspace CSR
71 GF Score
Price $56.44
GF Value $59.39
Valuation Fairly Valued
! 6 Warning Signs
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What is Centerspace Cyclically Adjusted PS Ratio?

Centerspace CSR -0.77% 71 Cyclically Adjusted PS Ratio is 3.34 as of Jun. 30, 2026, which is 10% below its 10-year median of 3.73. GuruFocus rates CSR with a GF Score™ of 71/100 and a GF Value™ of $59.39 (Fairly Valued). The stock has 6 warning signs investors should review. Among 556 REITs companies, Centerspace ranks better than 71.4% on this metric.

As of today (2026-06-30), Centerspace's current share price is $56.44. Centerspace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $16.92. Centerspace's Cyclically Adjusted PS Ratio for today is 3.34.

The historical rank and industry rank for Centerspace's Cyclically Adjusted PS Ratio or its related term are showing as below:

CSR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.26   Med: 3.73   Max: 6.79
Current: 3.36

During the past years, Centerspace's highest Cyclically Adjusted PS Ratio was 6.79. The lowest was 2.26. And the median was 3.73.

CSR's Cyclically Adjusted PS Ratio is ranked better than
71.4% of 556 companies
in the REITs industry
Industry Median: 5.9 vs CSR: 3.36

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Centerspace's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.879. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $16.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centerspace  (NYSE:CSR) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Centerspace Cyclically Adjusted PS Ratio Related Terms


Centerspace Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Centerspace's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Centerspace Cyclically Adjusted PS Ratio Chart

Centerspace Annual Data
Trend Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 3.59 3.73 4.03 3.99

Centerspace Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.93 3.59 3.50 3.99 3.40

CSR vs NXRT, UMH, AIV: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Centerspace's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Centerspace Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Centerspace's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Centerspace's Cyclically Adjusted PS Ratio falls into.


CSR
71GF Score
Centerspace CSR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Centerspace Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Centerspace's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.44/16.92
=3.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Centerspace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Centerspace's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.879/330.2130*330.2130
=3.879

Current CPI (Mar. 2026) = 330.2130.

Centerspace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201604 0.471 239.261 0.650
201607 3.611 240.628 4.955
201610 3.683 241.729 5.031
201701 2.928 242.839 3.982
201704 3.022 244.524 4.081
201707 3.023 244.786 4.078
201710 3.106 246.663 4.158
201801 3.224 247.867 4.295
201804 3.167 250.546 4.174
201807 3.448 252.006 4.518
201810 3.427 252.885 4.475
201903 3.474 254.202 4.513
201906 3.623 256.143 4.671
201909 3.625 256.759 4.662
201912 3.466 256.974 4.454
202003 3.375 258.115 4.318
202006 3.297 257.797 4.223
202009 3.121 260.280 3.960
202012 3.256 260.474 4.128
202103 3.324 264.877 4.144
202106 3.215 271.696 3.907
202109 3.166 274.310 3.811
202112 3.942 278.802 4.669
202203 3.995 287.504 4.588
202206 4.107 296.311 4.577
202209 4.257 296.808 4.736
202212 4.516 296.797 5.024
202303 3.698 301.836 4.046
202306 4.333 305.109 4.690
202309 3.584 307.789 3.845
202312 3.897 306.746 4.195
202403 4.323 312.332 4.570
202406 4.344 314.175 4.566
202409 4.188 315.301 4.386
202412 4.004 315.605 4.189
202503 4.011 319.799 4.142
202506 4.095 322.561 4.192
202509 3.611 324.800 3.671
202512 3.975 324.054 4.051
202603 3.879 330.213 3.879

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 3.34 mean?
Centerspace (CSR) has a Cyclically Adjusted PS Ratio of 3.34 as of Jun. 30, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Centerspace and its competitors. This is 10% below median its historical median of 3.73. Over the past decade, Centerspace's Cyclically Adjusted PS Ratio has ranged from 2.26 to 6.79. According to the industry distribution chart, Centerspace ranks #159 out of 556 companies in the REITs industry, placing it in the top 28.6%.
Is Centerspace's Cyclically Adjusted PS Ratio too high?
Centerspace's current Cyclically Adjusted PS Ratio of 3.34 is 10% below median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 6.79. The REITs industry median Cyclically Adjusted PS Ratio is 5.90. Centerspace's value of 3.34 is 43.4% below this industry median. Based on the distribution chart, Centerspace ranks #159 out of 556 companies in the REITs industry, which is above the industry midpoint. Overall, Centerspace has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Centerspace's Cyclically Adjusted PS Ratio compare to NXRT and UMH?
According to the REITs industry distribution chart, Centerspace ranks #159 out of 556 companies for Cyclically Adjusted PS Ratio. This puts Centerspace in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.90. Centerspace's value of 3.34 is 43.4% below this benchmark. Historically, Centerspace's own Cyclically Adjusted PS Ratio has ranged from 2.26 to 6.79 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 5.90, Centerspace has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.90, based on 556 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Centerspace's current Cyclically Adjusted PS Ratio of 3.34 is 43.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Centerspace and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centerspace's current Cyclically Adjusted PS Ratio is 3.34, which is 10% below median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerspace stock overvalued right now?
Based on GuruFocus' analysis, Centerspace (CSR) is currently considered Fairly Valued. The stock's GF Value™ is $59.39, compared to a current price of $56.44 — trading 5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.34, which is 10% below median its 10-year median of 3.73 and 43.4% below the REITs industry median of 5.90. Centerspace's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Centerspace (CSR), the current Cyclically Adjusted PS Ratio is 3.34 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centerspace (CSR) Overvalued in 2026?

Based on GuruFocus' analysis, Centerspace stock appears to be undervalued. The current stock price of $56.44 is trading 5% below its estimated GF Value™ of $59.39. GuruFocus considers Centerspace to be Fairly Valued.

Key valuation signals for CSR:

  • Cyclically Adjusted PS Ratio: 3.34 (10% below median its 10-year median of 3.73)
  • GF Value™: $59.39 vs. price of $56.44 (5% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 43.4% below the REITs median (#159 of 556)

No single metric tells the full story. See the CSR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Centerspace Business Description

Industry Real EstateREITs
Other Exchanges WXC1:Germany
Address 1324 20th Avenue SW, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.
71GF Score

Get the complete analysis for CSR

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.44
Price
$59.39
GF Value